SOURCE: Russell Investments

Russell Investments

March 26, 2015 14:07 ET

U.S. Small Cap Stocks Advance Over Large Caps in March, According to Russell Indexes

Credit Suisse Chief U.S. Equity Strategist Lori Calvasina Sees Strengthening Case for U.S. Small Caps

SEATTLE, WA--(Marketwired - Mar 26, 2015) - After getting off to a negative start in January, U.S. small caps as measured by the Russell 2000® Index turned positive in February and, month-to-date as of March 24, have built a lead over U.S. large cap stocks as measured by the Russell 1000® Index. In March the Russell 2000 Index has gained 2.5% relative to a -0.3% loss for the Russell 1000 Index.

Lori Calvasina
Chief U.S. Equity Strategist, Credit Suisse
"We continue to expect choppy conditions in U.S. equity markets in 2015, and remain neutral on small caps vs. large caps, a more constructive stance than our 2014 underweight on small relative to large. However, within the U.S., the case for large caps continues to deteriorate, while the case for small caps continues to strengthen."

Russell Indexes Performance as of March 24th

Index March 2015 as of 3/24/15 February 2015 January 2015 YTD as of 3/24/15
Russell 2000® Index 2.5% 5.9% -3.2% 5.1%
Russell 1000® Index -0.3% 5.8% -2.8% 2.6%

Source: Russell Indexes. Total returns, US dollar denominated. Past performance does not guarantee future results.

For more information on the Russell U.S. Indexes, go to the Russell Indexes website.

Please note: Indexes are unmanaged and cannot be invested in directly. Returns represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.

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The Russell 2000® Index measures the performance of the small-cap segment of the U.S. equity universe. The Russell 2000 Index is a subset of the Russell 3000® Index representing approximately 10% of the total market capitalization of that index. It includes approximately 2000 of the smallest securities based on a combination of their market cap and current index membership.

The Russell 1000 Index measures the performance of the large-cap segment of the U.S. equity universe. It is a subset of the Russell 3000® Index and includes approximately 1000 of the largest securities based on a combination of their market cap and current index membership. The Russell 1000 represents approximately 92% of the U.S. market.

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Opinions expressed by Ms. Calvasina reflect market performance as of March 24, 2015 and are subject to change at any time based on market or other conditions without notice. In addition, opinions expressed by Ms. Calvasina do not necessarily reflect the opinions of Russell Indexes or Russell Investments. Past performance does not guarantee future performance.

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